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Florida’s “sacred” homestead creditor exemption recently came under attack in Havoco of America, Ltd. v. Hill. In that case, a debtor acquired a Florida homestead using funds which were not previously exempt from creditor claims (if the funds had been exempt, there would have been no case).
In this issue, we discuss an additional, and in many ways, a superior structure utilizing a single-member Nevis LLC in combination with a Cook Islands trust.